Indian Banks' Stressed Loans Rise To Rs 9.64 Lakh Crore As Of December 2016

Mumbai: Indian banks had stressed loans of Rs 9.64 lakh crore as of end-December, Santosh Gangwar, minister of state for finance, told lawmakers on Friday.

As of end-September, the banks' total stressed loans were Rs 8.97 lakh crore, according to data from the Reserve Bank of India.

Stressed loans include bad loans and restructured or rolled over loans.